Installment Payment Terms

Automatically Split the Invoice into Installment Payments

Looking for a solution to split payments into installment payment plans? Installment payments enable you to divide the total amount owed for an invoice into scheduled payments over a specific timeframe, rather than paying it all at once.

While the standard Microsoft Dynamics 365 Business Central offers only a single payment term for transactions, you may encounter limitations if you need to give the customer or vendor the option to pay the invoice based on an installment payment plan. The app will split the invoice amount into several scheduled payments with different due dates using the standard Payment Terms functionality.

Fortunately, with the Installment Payment Terms app provided by AP Commerce, you can effortlessly divide the transaction into multiple accounts receivable (A/R) or accounts payable (A/P) entries!

Key features include:

• Flexible payment plans: This app allows you to create customized payment plans with flexible intervals, amounts, and due dates.
• Payment tracking: Keep track of all payments made and maintain an up-to-date status of each installment payment.
• Reporting: No need to alter your existing A/R and A/P processes. The app seamlessly integrates with the standard Business Central functionality to incorporate payments received, overdue payments, and any applicable fees according to your configured settings.

By leveraging these features, your company can effectively manage finances and provide a more convenient payment experience for both customers and vendors.

Supported editions:

This app supports the Essentials and Premium Editions of Dynamics 365 Business Central

Supported countries:

All areas that Business Central is available.

Supported Languages:
This app is available in English (United States) and Traditional Chinese (Taiwan).